NiSource (NYSE:NI) Updates FY 2026 Earnings Guidance

NiSource (NYSE:NI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.020-2.070 for the period, compared to the consensus EPS estimate of 2.060. The company issued revenue guidance of -.

NiSource Price Performance

NI opened at $44.55 on Wednesday. NiSource has a 52-week low of $38.45 and a 52-week high of $49.21. The company has a 50 day moving average of $46.56 and a two-hundred day moving average of $46.44. The company has a market cap of $21.36 billion, a P/E ratio of 22.16, a P/E/G ratio of 3.25 and a beta of 0.55. The company has a quick ratio of 0.56, a current ratio of 0.65 and a debt-to-equity ratio of 1.30.

NiSource (NYSE:NI) last issued its earnings results on Wednesday, August 5th. The utilities provider reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.15 billion. NiSource had a net margin of 14.15% and a return on equity of 8.31%. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, analysts expect that NiSource will post 2.09 earnings per share for the current year.

NiSource Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Friday, July 31st will be paid a $0.30 dividend. The ex-dividend date is Friday, July 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.7%. NiSource’s dividend payout ratio (DPR) is 59.70%.

Analysts Set New Price Targets

Several brokerages recently commented on NI. Weiss Ratings reiterated a “buy (b)” rating on shares of NiSource in a report on Tuesday, July 21st. Evercore set a $52.00 target price on shares of NiSource in a research report on Monday, May 11th. Wall Street Zen lowered shares of NiSource from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Wells Fargo & Company boosted their price objective on shares of NiSource from $51.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Citigroup raised their target price on NiSource from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $50.30.

Insiders Place Their Bets

In other news, EVP Melody Birmingham sold 10,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $47.19, for a total value of $471,900.00. Following the completion of the sale, the executive vice president owned 117,899 shares of the company’s stock, valued at approximately $5,563,653.81. The trade was a 7.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Melanie B. Berman sold 15,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $47.68, for a total transaction of $715,200.00. Following the transaction, the executive vice president directly owned 35,990 shares in the company, valued at $1,716,003.20. The trade was a 29.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 27,500 shares of company stock worth $1,305,675 over the last quarter. 0.37% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Strive Financial Group LLC bought a new stake in shares of NiSource in the 4th quarter valued at approximately $26,000. Zions Bancorporation National Association UT boosted its holdings in NiSource by 113.8% in the fourth quarter. Zions Bancorporation National Association UT now owns 620 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 330 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in NiSource in the fourth quarter worth $27,000. DV Equities LLC bought a new stake in NiSource during the fourth quarter valued at $28,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of NiSource during the fourth quarter worth $28,000. Institutional investors and hedge funds own 91.64% of the company’s stock.

NiSource Company Profile

NiSource, Inc (NYSE: NI) is a publicly traded energy holding company headquartered in Merrillville, Indiana, that primarily owns and operates regulated local gas and electric utilities in the United States. Through its operating subsidiaries, the company delivers natural gas and electricity to residential, commercial and industrial customers and provides the associated distribution and transmission services that keep local energy systems functioning.

The company’s core activities include natural gas distribution, electric transmission and distribution, system operations, maintenance and emergency response.